The countries of the Caspian region are trying to find a solution to a long-standing dispute about the Caspian Sea. There is something to argue about indeed: sturgeons, crude and natural gas deposits, as well as the transportation of oil and gas. The leaders of Russia, Iran, Azerbaijan, Kazakhstan and Turkmenistan gathered in Baku (the capital of Azerbaijan) to discuss the problem in detail.
The legal status of the Caspian Sea has not been solved yet. Consequently, not all Caspian states could settle the question about sea borders. Russia, Kazakhstan and Azerbaijan seem to have agreed on the issue, but the state of affairs in the southern part of the Caspian Sea is still unstable.
Iran’s position is the main problem here. This country claims its rights for one-fifth part of the sea, which is unacceptable for all other Caspian states.
Russia Today: Caspian nations discuss sea’s legal status
Similar problems exist in the relations between Azerbaijan and Turkmenistan, as well as between Azerbaijan and Iran. These countries still argue about the borders of their sectors of the sea.